E20.13 TLO 3,51 Service Tomber Decorating uses a job order cost system to collect the ants of its interior decorating business. Each chent's consultation is treated as a separate job. Overhead is applied to each job hased on the number of decorator hours incurred Listed below are data for the Current year Determine determined terheat, and determine walance and relia Estimated overhead Actual overhead Estimated decorator hours Actual decorate hours S960,000 S982,800 40,000 40.500) The company uses Operating Overhead in place of Manufacturing Overhead Instructions Compute the predetermined overdrate h. Prepare the entry to apply the overhead for the year c. Determine whether the overhead was under of verapplied and by how much